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My question is: Canadian-specific

QUESTION: David, I am planning on selling my home, once I have my house
evaluated & appraised, how do I know I am getting the best possible price
for my home?  Should I speak with 2 separate realtors for a second opinion

Thank you in advance,
SXXXX XXXXX
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david ingram replies:
 
Talk to at least two realtors and three would not hurt either.
 
Ask them for their written opinion of how much they expect your home would sell for.  Then, give the listing to the one who seems to like the house best, not necessarily the one who suggests the highest price.
 
Have them hold an agents' open. In an Agents' open, the agents who traipse through the house will all leave a business card with their opinion of what they think the price will be.  Analyze the prices suggested and adjust yours up or down as the case may be.
 
Don't be afraid to negotiate the commission you pay.  Ian Bailey with 1% Realty is certainly experienced and John McKilligan of Care Realty is also very experienced.  These are only two of the local agencies who will negotiate a "non-standard" commission.
 
REMAX Agents have just won the right to advertise "non-standard" commissions as well. As I understand it, Ian Bailey left REMAX and started 1% Realty because REMAX wouyld not allow him to advertise a different real estate commission than the standard 7% of the first $100,000 and 2 1/2% of the balance.
 
Remember that a well presented home will sell quicker at a better price.
 
Make sure that anything that needs a little paint gets a little paint, the lawn is cut and neat, and that all teh light switches work, etc.
 
Take a good look at your light bulbs.  Some softer or brighter bulbs will work wonders in the right places.  Put junk in the garage or rent a storage space to get it out of the way.  Don't get rid of it or you will miss it at your new house.  Just HIDE IT!
 
I am also an Agent/Nominee for CEN-TA Realty.  However, I am not actively selling real estate at this time.
 
The previous question was left at "ask an expert" at www.jurock.com at the link shown here
 http://www2.jurock.com/askexpert/ask.asp?aid=121&cid=63

David Ingram - www.centa.com
the CEN-TA Group, CEN-TA REALTY
Real Estate Income Tax Specialists
US / Canada / Mexico Income Tax and Working Visa Matters
108-100 Park Royal South
West Vancouver, BC, CANADA
V7T 1A2
 
(604) 913-9133  Fax (604) 913-9123
Cell (604) 657-8451 10 AM to 10 PM 7 days a week







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